可转换公司债券是公司发行的一种公司债，可以转换成该发行公司的普通股票，无须等到债券到期时还本付息。
Convertible bonds are corporate bonds that one can convert into common stocks of the company which issues them rather than redeeming them for cash when they mature.
这与一些普通法管辖区形成强烈对比，这些管辖区强制上市交易的公司债券指定受托人以保护债券持有人利益。
This is in sharp contrast with some common law jurisdiction in which it is mandatory for listed debentures to appoint a trustee to protect debenture holders' interests.
可以明显看出，在比较不发达的国家，相对于公司债券，银行贷款和普通股在外来资金来源中占了绝大部分比例。
It is obvious that among the lesser-developed economies bank loans and equities are a much greater source of external financing than are corporate bonds.
可以明显看出，在比较不发达的国家，相对于公司债券，银行贷款和普通股在外来资金来源中占了绝大部分比例。
It is obvious that among the lesser-developed economies bank loans and equities are a much greater source of external financing than are corporate bonds.
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